Board members, Executive management and Company Officers are made aware of the requirements to follow corporate policies and procedures, to obey the law and to maintain appropriate standards of honesty and integrity at all times. In this regard the Directors have adopted a code of conduct for Directors, senior Executives and employees which “inter alia” deals with compliance with legal and other obligations to legitimate stakeholders. More specifically, the code of conduct covers ethical operations, compliance with laws, dealings with customers and public officials, conflicts of interest, confidential and proprietary information and insider trading. The code of conduct underpins the formal charter and all policies of the Company.
For Directors & Company Officers
Conflicts of interest
Directors must act in the best interests of the Company as a whole. Directors shall engage in and promote honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships.
Directors must not take advantage of their position or information acquired, in the course of their duties, or misuse information for personal gain or to cause detriment to the company.
Confidential information received in the course of the exercise of a Director’s duties remains the property of the company and it is improper to disclose it, or allow it to be disclosed, unless that disclosure has been authorized by the Chairman with consideration to the persons concerned, or as required by law.
Directors shall act honestly and with integrity in all of their dealings with employees, suppliers, customers and competitors such that the best interests and reputation of the company are maintained and enhanced.
Protection of assets
Directors must use their best endeavours to protect the company’s assets and ensure that those assets are used for business purposes only.
Compliance with Laws and Regulations
Directors have an obligation, at all times, to comply with the spirit, as well as the letter, of the law, including any applicable rules and regulations.
Promotion of ethical and lawful behavior
Directors will at all times strongly encourage legal and ethical behavior. If the Director becomes aware of unlawful or unethical behavior then they are obliged to report such activities to the Chairman. Information provided should be treated in a discrete and confidential fashion and the matters dealt with expeditiously.
For Company Stakeholders
Responsibilities to shareholders and the financial community
ComOps Limited is committed to maximising shareholder value, taking into account financial and non-financial matters. In maximising shareholder value the Company commits to prepare financial information in good faith, representing an accurate view of the Company’s financial performance. Information will be disclosed as required by the listing rules in a timely and transparent manner.
Responsibilities to clients, customers and consumers
ComOps Limited is committed to providing a high quality and value of service and product to our customers. The Company will never intentionally mislead stakeholders or willingly provide a service or product that is substandard.
ComOps Limited is committed to treating all stakeholders and the wider community fairly and equally. The best interests of employees within the Company will be promoted through training and appropriate consideration for occupational health and safety issues.
Responsibilities to the individual
Confidential information in the possession of ComOps Limited will be treated with the utmost discretion. No disclosure of this information will be accepted unless the persons concerned have authorised that disclosure, or as required by law.
How the Company complies with legislation affecting its operations
ComOps Limited will at all times comply with the laws and legislation of the jurisdiction in which it operates. If any such jurisdiction has laws and legislation that have requirements that fall below standards accepted by the Company Code of Conduct the Company will meet the higher standards.
How the Company monitors and ensures compliance with its code
Any behaviour that fails the standards identified in the ComOps Limited Code of Conduct is encouraged to be reported to senior management or to the Board. All stakeholders are asked to help maintain highly ethical standards for the company by promptly identifying any behaviour considered to be falling below identified (or considered) acceptable standards. Information provided will be treated in a discrete and confidential fashion and the matters dealt with expeditiously.